Birchcliff Energy Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 454.21 million compared to CAD 321.19 million a year ago. Net income was CAD 245.64 million compared to CAD 139.41 million a year ago. Basic earnings per share from continuing operations was CAD 0.92 compared to CAD 0.52 a year ago. Diluted earnings per share from continuing operations was CAD 0.89 compared to CAD 0.5 a year ago.
For the nine months, revenue was CAD 1,158.17 million compared to CAD 664.3 million a year ago. Net income was CAD 587.38 million compared to CAD 207.53 million a year ago. Basic earnings per share from continuing operations was CAD 2.2 compared to CAD 0.77 a year ago. Diluted earnings per share from continuing operations was CAD 2.12 compared to CAD 0.75 a year ago.